Cybersecurity

N. Korean Kimsuky Targeting South Korean Research Institutes with Backdoor Attacks

Dec 08, 2023NewsroomCyber Espionage / Cryptocurrency The North Korean threat actor known as Kimsuky has been observed targeting research institutes in South Korea as part of a spear-phishing campaign with the ultimate goal of distributing backdoors on compromised systems. “The threat actor ultimately uses a backdoor to steal information and execute commands,” the AhnLab Security […]

Cybersecurity

Founder of Bitzlato Cryptocurrency Exchange Pleads Guilty in Money-Laundering Scheme

Dec 08, 2023The Hacker NewsCryptocurrency / Cyber Crime The Russian founder of the now-defunct Bitzlato cryptocurrency exchange has pleaded guilty, nearly 11 months after he was arrested in Miami earlier this year. Anatoly Legkodymov (aka Anatolii Legkodymov, Gandalf, and Tolik), according to the U.S. Justice Department, admitted to operating an unlicensed money-transmitting business that enabled […]

Cybersecurity

Ransomware-as-a-Service: The Growing Threat You Can’t Ignore

Ransomware attacks have become a significant and pervasive threat in the ever-evolving realm of cybersecurity. Among the various iterations of ransomware, one trend that has gained prominence is Ransomware-as-a-Service (RaaS). This alarming development has transformed the cybercrime landscape, enabling individuals with limited technical expertise to carry out devastating attacks. Traditional and double extortion ransomware attacks […]